What price per share was used for the FMAO stock award to Steven J. Planson?

The 645-share grant to Steven J. Planson used a price of $27.14 per share in the Form 4. This price is the value reported for the compensation-related acquisition, not necessarily an open-market trading price from an exchange transaction.

Was the FMAO share acquisition by Steven J. Planson an open-market purchase?

No. The filing labels the 645-share transaction with code A, meaning a grant, award, or other acquisition. This indicates a compensation-related award of Farmers & Merchants Bancorp Inc. stock, rather than an open-market buy initiated on a stock exchange.

Farmers & Merchants director receives share grant

Farmers & Merchants Bancorp Inc. director Steven J. Planson reported an acquisition of 645 shares of Common Stock as a grant or award.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

Farmers & Merchants Bancorp Inc. director Steven J. Planson reported an acquisition of 645 shares of Common Stock as a grant or award. The shares were valued at $27.14 per share in the filing. Following this award, he directly holds 29,431 shares of the company’s common stock.

The filing also lists additional indirect holdings in Farmers & Merchants Bancorp Inc., including shares held jointly with his spouse and through trust arrangements, reflecting broader family-related ownership in the bank’s stock. The reported grant is a compensation-related award rather than an open-market purchase.

Insider Trade Summary

Grant/Award: 645 shares

Grant/Award 5 txns

Insider Planson Steven J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	645	$27.14	$18K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 46,845 shares (Direct); Common Stock — 4,271 shares (Indirect, By Trust); Common Stock — 3,123 shares (Indirect, By Spouse's Trust); Common Stock — 3,978 shares (Indirect, Jointly w/Spouse)

Key Figures

Shares granted: 645 shares Grant valuation price: $27.14 per share Direct holdings after award: 29,431 shares +3 more

6 metrics

Shares granted 645 shares Grant, award, or other acquisition of Common Stock

Grant valuation price $27.14 per share Value used for the 645-share award

Direct holdings after award 29,431 shares Common Stock directly held following the grant

Indirect joint holdings 3,978 shares Common Stock held jointly with spouse

Indirect spouse’s trust holdings 3,123 shares Common Stock held by spouse's trust

Indirect trust holdings 4,271 shares Common Stock held by trust

Key Terms

grant, award, or other acquisition, indirect ownership, Common Stock, Jointly w/Spouse, +1 more

5 terms

grant, award, or other acquisition financial

"transaction_action: grant/award acquisition; transaction_code_description: Grant, award, or other acquisition"

indirect ownership financial

"ownership_type: indirect; direct_or_indirect: I"

Common Stock financial

"security_title: Common Stock for all reported holdings"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Jointly w/Spouse financial

"nature_of_ownership: Jointly w/Spouse for an indirect holding line"

By Trust financial

"nature_of_ownership: By Trust for an indirect holding line"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FMAO director Steven J. Planson report in this Form 4?

He reported receiving a grant of 645 shares of Farmers & Merchants Bancorp Inc. common stock. The award is classified as a grant or other acquisition, increasing his reported direct holdings and reflecting compensation rather than an open-market purchase.

How many FMAO shares does Steven J. Planson hold directly after the grant?

After the reported grant, Steven J. Planson directly holds 29,431 shares of Farmers & Merchants Bancorp Inc. common stock. This figure represents his direct ownership position as stated in the filing following the 645-share grant or award transaction.

Are there indirect FMAO holdings reported for Steven J. Planson?

Yes. The filing lists indirect holdings in Farmers & Merchants Bancorp Inc. common stock held jointly with his spouse and through trusts. These entries show additional ownership interests associated with him beyond his directly held 29,431 shares after the award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/05/2026 - 10:48 AM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Planson Steven J

(Last)

(First)

(Middle)

22199 COUNTY RD F

(Street)

STRYKER

OHIO

43557

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FARMERS & MERCHANTS BANCORP INC [ FMAO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								4,271	I	By Trust
Common Stock								3,123	I	By Spouse's Trust
Common Stock								3,978	I	Jointly w/Spouse
Common Stock								17,414	D
Common Stock	06/04/2026		A		645	A	$27.14	29,431	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/Melinda L. Gies // Attorney in Fact	06/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR